Currencies of the World, Tricks to Remember Currencies

Every country in the world has a currency that is specific to the country.  There are more than 185 different currencies in the world. However, according to the United Nations, only 180 of these currencies are internationally recognized. What are the Main Currencies of the World? What are the Tricks to Remember Currencies of the World? Origin of the names of the currencies? List of all the currencies of the world with their ISO codes?

What is Currency?

How can we create a standard of value that is generally acceptable? In the quest to find an answer to this question. Humans invented currencies. Investopedia defined currency as a “generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Used as a medium of exchange for goods and services, currency is the basis for trade.”

Every country in the world has a currency that is specific to the country. A currency has a name, a symbol, fractional unit it can be divided into (For example, Rupees into Paisa, Dollar into Cents) and ISO code (Ex: USD, INR).

There are more than 185 different currencies in the world. However, according to the United Nations, only 180 of these currencies are internationally recognized. The image below shows the currencies of the world.

Currencies of the World
Currencies of the World

ISO Currency Code

The International Organization for Standardization (ISO) provides standards for businesses, governments, and societies. For currencies, the governing document is called ISO 4217:2015.

Currencies can be represented in the code in two ways: a three-letter alphabetic code and a three-digit numeric code. Periodically, amendments must be made to ISO 4217:2015 and these are managed by the Secretariat of the Maintenance Agency, in this case, the SIX Interbank Clearing Ltd on behalf of the Swiss Association for Standardization, SNV.

ISO 4217 is the International Standard for currency codes are three-letter alphabetic codes that represent the currency used. The first two letters of the ISO 4217 three-letter code are the same as the code for the country name, and where possible the third letter corresponds to the first letter of the currency name.

For example:

  • The US dollar is represented as USD – the US coming from the ISO 3166 country code and the D for a dollar.
  • The Swiss franc is represented by CHF – the CH being the code for Switzerland in the ISO 3166 code and F for a franc.

There is also a three-digit code number assigned to each currency. This numeric code is usually the same as the ISO 3166-1 numeric code. For example, USD (United States dollar) has code 840 which is also the numeric code for the US (United States).

The ISO 4217 standard includes a mechanism for expressing the relationship between a major currency unit and its corresponding minor currency unit. This mechanism is called the currency “exponent” and assumes a base of 10.

For example, USD (the United States dollar) is equal to 100 of its minor currency unit the “cent”. So the USD has exponent 2 (10 to the power 2 is 100, which is the number of cents in a dollar).

The code JPY (Japanese yen) is given the exponent 0, because its minor unit, the sen, although nominally valued at 1/100 of a yen, is of such negligible value that it is no longer used.

Main Currencies of the World

Important currencies
Important currencies

Tricks to remember the name of currencies of the world

Remembering all currencies of all countries in every continent of the world is virtually impossible. The truth is, remembering it all at once will need a great deal of commitment. But there are some tricks.

Trick to remember Countries with Rupee as Currency

SSPIN-M: Rupee is the official currency of some countries. To easily remember all countries spending Rupee.

  • Seychelles: Seychellois rupee
  • Srilanka: Sri Lankan Rupee
  • Pakistan:  Pakistani Rupee
  • India: Indian Rupee
  • Nepal: Nepalese Rupee
  • Mauritius: Mauritian rupee

Indonesia: Indonesian Rupiah

SISter IN MP saves Rupee (Rupiah)

  • Sri Lanka Sri Lankan Rupee
  • Indonesia Indonesian Rupiah
  • Seychelles Seychellois rupee
  • India Indian Rupee
  • Nepal Nepalese Rupee
  • Mauritius Mauritian rupee
  • Pakistan Pakistani Rupe

I M MISS PN

PM MISSIN

Trick to remember Countries with Dollar as Currency

Several countries of the world spend the Dollar ($) currency. How can we easily memorize these countries? This time, you need to master a key sentence CAN U SING TANETH

  • CAN is for Canada
  • U is for the United States of America
  • SING is for Singapore
  • T is for Taiwan
  • A is for Australia
  • N is for NewZealand
  • E is for Ecuador
  • T is for Trinidad and Tobago
  • H is for Hongkong.

Trick to remember Countries with Rial/Riyal as Currency

BOYS have Real (Riyal/Rial) IQ

  • Brazil Real
  • Oman Rial
  • Yemen Rial
  • Saudi Arabia Riyal
  • Iran Rial
  • Qatar Riyal

Trick to remember Countries with Dinar as Currency

BJP & I AM in Dinar (Denar) LiST in uK

  • Bahrain: Bahraini Dinar
  • Jordan:  Jordanian Dinar
  • Palestine:  Jordanian Dinar
  • Iraq: Iraqi Dinar
  • Algeria: Algerian Dinar
  • Macedonia: Macedonian Denar
  • Libya: Libyan Dinar
  • Serbia: Serbian Dinar
  • Tunisia: Tunisian Dinar
  • Kuwait: Kuwaiti Dinar

Trick to remember Countries with Pound as Currency

Pound is USeLESS for Helena

  • UK: Pound sterling
  • Sudan: Sudanese pound
  • Lebanon: Lebanese pound
  • Egypt: Egyptian pound
  • Syria: Syrian pound
  • Helena: Pound

Trick to remember Countries with Shilling as Currency

TUSK cost of 100 Shillings

  • Tanzania: Tanzanian shilling
  • Uganda: Ugandan shilling
  • Somalia: Somali shilling
  • Kenya: Kenyan shilling

Trick to remember Countries with Peso as Currency

MAC Count CPU for Peso

  • Mexico: Mexican peso
  • Argentina: Argentine peso
  • Chile: Chilean peso
  • Columbia: Colombian peso
  • Cuba: Cuban Peso
  • Philippines: Philippine Peso
  • Uruguay: Uruguayan peso

Trick to remember Countries with CFA Franc as Currency

BBC Calls CM to Set Tower in France

  • Benin
  • Burkina Faso
  • Cameroon
  • Central African Republic
  • Chad
  • Mali
  • Senegal
  • Togo

Trick to remember Countries with Krone as Currency

MARK on his WAY to receive Crown (Krone)

  • Denmark Danish krone
  • Norway Norwegian krone

Trick to remember Countries with Won as Currency

Korea’s Won in the Battle

  • South Korea South Korean Won
  • North Korea North Korean Won

Etymology of Names of Currencies

The origin of the name of the currencies is given below. Origins of World Currency Names has details about origin of names of more currencies

  • Dollar comes from 16th century German: “Thaler” a short form of Joahimsthaler, coin made from metal mined in Joahimsthal, a town now in Czech Republic
  • Dinar is derived from Latin: “Denarius” – Silver Money
  • Afghani derived from country name: “that belongs to or that is from Afghanistan”
  • Dirham Morocco, UAE Arabic: Dirham is derived from the Old Greek word “Drakhme” which came to Latin as “Drachma” meaning “a handful”
  • Euro European Union derived from Europe. This name was the winning choice in a contest in 1996
  • Krone Scandinavian currencies Latin: Corona – “Crown”
  • Peso Many Spanish speaking countries Spanish: “Weight”
  • Rupee India, Pakistan, Nepal and others from Sanskrit word “Rupya” – Silver
  • Yuan China Chinese or Yuan: literally “a round object”

Table of Currencies of the World

The following is a list of active codes of official ISO 4217 currency names. In the standard, the values are called “alphabetic code”, “numeric code”, and “minor unit”.

 
ISO Code Num E Currency Locations using this currency
AED 784 2 United Arab Emirates dirham  United Arab Emirates
AFN 971 2 Afghan afghani  Afghanistan
ALL 008 2 Albanian lek  Albania
AMD 051 2 Armenian dram  Armenia
ANG 532 2 Netherlands Antillean guilder  Curaçao (CW),  Sint Maarten (SX)
AOA 973 2 Angolan kwanza  Angola
ARS 032 2 Argentine peso  Argentina
AUD 036 2 Australian dollar  Australia,  Christmas Island (CX),  Cocos (Keeling) Islands (CC),  Heard Island and McDonald Islands (HM),  Kiribati (KI),  Nauru (NR),  Norfolk Island (NF),  Tuvalu (TV)
AWG 533 2 Aruban florin  Aruba
AZN 944 2 Azerbaijani manat  Azerbaijan
BAM 977 2 Bosnia and Herzegovina convertible mark  Bosnia and Herzegovina
BBD 052 2 Barbados dollar  Barbados
BDT 050 2 Bangladeshi taka  Bangladesh
BGN 975 2 Bulgarian lev  Bulgaria
BHD 048 3 Bahraini dinar  Bahrain
BIF 108 0 Burundian franc  Burundi
BMD 060 2 Bermudian dollar  Bermuda
BND 096 2 Brunei dollar  Brunei
BOB 068 2 Boliviano  Bolivia
BOV 984 2 Bolivian Mvdol (funds code)  Bolivia
BRL 986 2 Brazilian real  Brazil
BSD 044 2 Bahamian dollar  Bahamas
BTN 064 2 Bhutanese ngultrum  Bhutan
BWP 072 2 Botswana pula  Botswana
BYN 933 2 Belarusian ruble  Belarus
BZD 084 2 Belize dollar  Belize
CAD 124 2 Canadian dollar  Canada
CDF 976 2 Congolese franc  Democratic Republic of the Congo
CHE 947 2 WIR Euro (complementary currency)   Switzerland
CHF 756 2 Swiss franc   Switzerland,  Liechtenstein (LI)
CHW 948 2 WIR Franc (complementary currency)   Switzerland
CLF 990 4 Unidad de Fomento (funds code)  Chile
CLP 152 0 Chilean peso  Chile
CNY 156 2 Renminbi (Chinese) yuan  China
COP 170 2 Colombian peso  Colombia
COU 970 2 Unidad de Valor Real (UVR) (funds code)  Colombia
CRC 188 2 Costa Rican colon  Costa Rica
CUC 931 2 Cuban convertible peso  Cuba
CUP 192 2 Cuban peso  Cuba
CVE 132 0 Cape Verde escudo  Cabo Verde
CZK 203 2 Czech koruna  Czechia [10]
DJF 262 0 Djiboutian franc  Djibouti
DKK 208 2 Danish krone  Denmark,  Faroe Islands (FO),  Greenland (GL)
DOP 214 2 Dominican peso  Dominican Republic
DZD 012 2 Algerian dinar  Algeria
EGP 818 2 Egyptian pound  Egypt
ERN 232 2 Eritrean nakfa  Eritrea
ETB 230 2 Ethiopian birr  Ethiopia
EUR 978 2 Euro  European Union (EU),  Andorra (AD),  Austria (AT),  Belgium (BE),  Cyprus (CY),  Estonia (EE),  Finland(FI),  France (FR),  Germany (DE),  Greece (GR), Guadeloupe (GP),  Ireland (IE),  Italy (IT),  Kosovo,  Latvia (LV),  Lithuania (LT),  Luxembourg (LU),  Malta (MT),  French Guiana (GF),  Martinique (MQ),  Mayotte (YT),  Monaco (MC),  Montenegro (ME),  Netherlands (NL),  Portugal (PT),  Réunion (RE),  Saint Barthélemy (BL),  Saint Pierre and Miquelon (PM),  San Marino (SM),  Slovakia (SK),  Slovenia (SI),  Spain (ES)
FJD 242 2 Fiji dollar  Fiji
FKP 238 2 Falkland Islands pound  Falkland Islands (pegged to GBP 1:1)
GBP 826 2 Pound sterling  United Kingdom,  British Indian Ocean Territory (IO) (also uses USD), the  Isle of Man (IM, see Manx pound),  Jersey(JE, see Jersey pound), and  Guernsey (GG, see Guernsey pound)
GEL 981 2 Georgian lari  Georgia
GHS 936 2 Ghanaian cedi  Ghana
GIP 292 2 Gibraltar pound  Gibraltar (pegged to GBP 1:1)
GMD 270 2 Gambian dalasi  Gambia
GNF 324 0 Guinean franc  Guinea
GTQ 320 2 Guatemalan quetzal  Guatemala
GYD 328 2 Guyanese dollar Guyana
HKD 344 2 Hong Kong dollar  Hong Kong
HNL 340 2 Honduran lempira  Honduras
HRK 191 2 Croatian kuna  Croatia
HTG 332 2 Haitian gourde  Haiti
HUF 348 2 Hungarian forint  Hungary
IDR 360 2 Indonesian rupiah  Indonesia
ILS 376 2 Israeli new shekel  Israel,  Palestinian Authority
INR 356 2 Indian rupee  India,  Bhutan
IQD 368 3 Iraqi dinar  Iraq
IRR 364 2 Iranian rial  Iran
ISK 352 0 Icelandic króna  Iceland
JMD 388 2 Jamaican dollar  Jamaica
JOD 400 3 Jordanian dinar  Jordan
JPY 392 0 Japanese yen  Japan
KES 404 2 Kenyan shilling  Kenya
KGS 417 2 Kyrgyzstani som  Kyrgyzstan
KHR 116 2 Cambodian riel  Cambodia
KMF 174 0 Comoro franc  Comoros
KPW 408 2 North Korean won  North Korea
KRW 410 0 South Korean won  South Korea
KWD 414 3 Kuwaiti dinar  Kuwait
KYD 136 2 Cayman Islands dollar  Cayman Islands
KZT 398 2 Kazakhstani tenge  Kazakhstan
LAK 418 2 Lao kip  Laos
LBP 422 2 Lebanese pound  Lebanon
LKR 144 2 Sri Lankan rupee  Sri Lanka
LRD 430 2 Liberian dollar  Liberia
LSL 426 2 Lesotho loti  Lesotho
LYD 434 3 Libyan dinar  Libya
MAD 504 2 Moroccan dirham  Morocco
MDL 498 2 Moldovan leu  Moldova
MGA 969 1*[12] Malagasy ariary  Madagascar
MKD 807 2 Macedonian denar  Macedonia
MMK 104 2 Myanmar kyat  Myanmar
MNT 496 2 Mongolian tögrög  Mongolia
MOP 446 2 Macanese pataca  Macau
MRU[13] 929 1*[12] Mauritanian ouguiya  Mauritania
MUR 480 2 Mauritian rupee  Mauritius
MVR 462 2 Maldivian rufiyaa  Maldives
MWK 454 2 Malawian kwacha  Malawi
MXN 484 2 Mexican peso  Mexico
MXV 979 2 Mexican Unidad de Inversion (UDI) (funds code)  Mexico
MYR 458 2 Malaysian ringgit  Malaysia
MZN 943 2 Mozambican metical  Mozambique
NAD 516 2 Namibian dollar  Namibia
NGN 566 2 Nigerian naira  Nigeria
NIO 558 2 Nicaraguan córdoba  Nicaragua
NOK 578 2 Norwegian krone  Norway,  Svalbard and  Jan Mayen (SJ),  Bouvet Island (BV)
NPR 524 2 Nepalese rupee    Nepal
NZD 554 2 New Zealand dollar  New Zealand,  Cook Islands (CK),  Niue (NU),  Pitcairn Islands,  Tokelau(TK)
OMR 512 3 Omani rial  Oman
PAB 590 2 Panamanian balboa  Panama
PEN 604 2 Peruvian sol  Peru
PGK 598 2 Papua New Guinean kina  Papua New Guinea
PHP 608 2 Philippine peso  Philippines
PKR 586 2 Pakistani rupee  Pakistan
PLN 985 2 Polish złoty  Poland
PYG 600 0 Paraguayan guaraní  Paraguay
QAR 634 2 Qatari riyal  Qatar
RON 946 2 Romanian leu  Romania
RSD 941 2 Serbian dinar  Serbia
RUB 643 2 Russian ruble  Russia
RWF 646 0 Rwandan franc  Rwanda
SAR 682 2 Saudi riyal  Saudi Arabia
SBD 090 2 Solomon Islands dollar  Solomon Islands
SCR 690 2 Seychelles rupee  Seychelles
SDG 938 2 Sudanese pound  Sudan
SEK 752 2 Swedish krona/kronor  Sweden
SGD 702 2 Singapore dollar  Singapore
SHP 654 2 Saint Helena pound  Saint Helena (SH-SH),  Ascension Island (SH-AC),  Tristan da Cunha
SLL 694 2 Sierra Leonean leone  Sierra Leone
SOS 706 2 Somali shilling  Somalia
SRD 968 2 Surinamese dollar  Suriname
SSP 728 2 South Sudanese pound  South Sudan
STN[15] 930 2 São Tomé and Príncipe dobra  São Tomé and Príncipe
SVC 222 2 Salvadoran colón  El Salvador
SYP 760 2 Syrian pound  Syria
SZL 748 2 Swazi lilangeni  Eswatini
THB 764 2 Thai baht  Thailand
TJS 972 2 Tajikistani somoni  Tajikistan
TMT 934 2 Turkmenistan manat  Turkmenistan
TND 788 3 Tunisian dinar  Tunisia
TOP 776 2 Tongan paʻanga  Tonga
TRY 949 2 Turkish lira  Turkey
TTD 780 2 Trinidad and Tobago dollar  Trinidad and Tobago
TWD 901 2 New Taiwan dollar  Taiwan
TZS 834 2 Tanzanian shilling  Tanzania
UAH 980 2 Ukrainian hryvnia  Ukraine
UGX 800 0 Ugandan shilling  Uganda
USD 840 2 United States dollar  United States,  American Samoa (AS),  Barbados (BB) (as well as Barbados Dollar),  Bermuda (BM) (as well as Bermudian Dollar),  British Indian Ocean Territory (IO) (also uses GBP),  British Virgin Islands (VG),  Caribbean Netherlands (BQ – Bonaire, Sint Eustatius and Saba),  Ecuador (EC),  El Salvador (SV),  Guam (GU),  Haiti (HT),  Marshall Islands (MH),  Federated States of Micronesia (FM),  Northern Mariana Islands (MP),  Palau (PW),  Panama (PA) (as well as Panamanian Balboa),  Puerto Rico (PR),  Timor-Leste (TL),  Turks and Caicos Islands (TC),  U.S. Virgin Islands (VI),  United States Minor Outlying Islands (UM)
USN 997 2 United States dollar (next day) (funds code)  United States
UYI 940 0 Uruguay Peso en Unidades Indexadas (URUIURUI) (funds code)  Uruguay
UYU 858 2 Uruguayan peso  Uruguay
UYW 927 4 Unidad previsional  Uruguay
UZS 860 2 Uzbekistan som  Uzbekistan
VES 928 2 Venezuelan bolívar soberano[14]  Venezuela
VND 704 0 Vietnamese đồng  Vietnam
VUV 548 0 Vanuatu vatu  Vanuatu
WST 882 2 Samoan tala  Samoa
XAF 950 0 CFA franc BEAC  Cameroon (CM),  Central African Republic (CF),  Republic of the Congo (CG),  Chad (TD),  Equatorial Guinea(GQ),  Gabon (GA)
XAG 961 . Silver (one troy ounce)
XAU 959 . Gold (one troy ounce)
XBA 955 . European Composite Unit (EURCO) (bond market unit)
XBB 956 . European Monetary Unit (E.M.U.-6) (bond market unit)
XBC 957 . European Unit of Account 9 (E.U.A.-9) (bond market unit)
XBD 958 . European Unit of Account 17 (E.U.A.-17) (bond market unit)
XCD 951 2 East Caribbean dollar  Anguilla (AI),  Antigua and Barbuda (AG),  Dominica (DM),  Grenada (GD),  Montserrat (MS),  Saint Kitts and Nevis (KN),  Saint Lucia (LC),  Saint Vincent and the Grenadines (VC)
XDR 960 . Special drawing rights International Monetary Fund
XOF 952 0 CFA franc BCEAO  Benin (BJ),  Burkina Faso (BF),  Côte d’Ivoire (CI),  Guinea-Bissau (GW),  Mali (ML),  Niger (NE),  Senegal (SN),  Togo (TG)
XPD 964 . Palladium (one troy ounce)
XPF 953 0 CFP franc (franc Pacifique) French territories of the Pacific Ocean:  French Polynesia (PF),  New Caledonia (NC),  Wallis and Futuna (WF)
XPT 962 . Platinum (one troy ounce)
XSU 994 . SUCRE Unified System for Regional Compensation (SUCRE)
XTS 963 . Code reserved for testing purposes
XUA 965 . ADB Unit of Account African Development Bank
XXX 999 . No currency
YER 886 2 Yemeni rial  Yemen
ZAR 710 2 South African rand South Africa
ZMW 967 2 Zambian kwacha Zambia
ZWL 932 2 Zimbabwean dollar A/10 Zimbabwe

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